AMG VANADIUM PRESIDENT RECEIVES DISTINGUISHED ACHIEVEMENT
MEDAL FROM COLORADO SCHOOL OF MINES
Hoy E. Frakes, Jr., President of AMG Vanadium, Inc., was awarded his alma mater’s highest alumni honor, the 2011 Colorado School of Mines Distinguished Achievement Medal on April 29. Established in 1942, the medal is bestowed upon alumni by the school’s Board of Trustees for distinguished career achievements and excellence in leadership in their respective career field.
Mr. Frakes graduated from Colorado School of Mines in 1975 with a bachelor’s degree in metallurgical engineering, and in 1985 he received an MBA from the University of Colorado. Mr. Frakes has been at the helm of AMG Vanadium since 2000. Under his leadership, AMG Vanadium has evolved into a fully integrated, stand-alone company and has realized the largest ferrovanadium market share in North America. A respected industry and civic leader, he serves as vice chairman of the Ohio Manufacturing Association Board of Directors, president of the Vanadium Producers and Recyclers Association, and is on the Board of Directors of the Vanadium International Technical Committee.
Following his graduation from Colorado School of Mines, Mr. Frakes served with distinction in the U.S. Army Corps of Engineers before beginning his accomplished career in the metallurgical and metals industries.
About AMG Vanadium LLC
AMG Vanadium LLC is a wholly-owned subsidiary of AMG Advanced Metallurgical Group N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”), a global leader in the production of highly engineered specialty metal products and advanced vacuum furnace systems. Located in Cambridge, Ohio, AMG Vanadium specializes in the environmentally beneficial conversion of oil refinery and power plant waste products into specialty metals used by global steel producers in automotive, energy transmission and infrastructure applications. By using materials which would otherwise be discarded as waste, AMG Vanadium encourages environmental stewardship, energy conservation and resource recovery, making it the environmental leader in this global industry. AMG Vanadium is the North American ferrovanadium market share leader and has two primary product lines: FEROVAN®, its ferrovanadium alloy used in the production of steel to improve its strength, and FeNiMoly® which is a valuable additive utilized in the production of stainless and carbon steels.